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Net Loss Per Common Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Loss per Common Share

Basic and diluted loss per common share were calculated as follows:

 

 

2020

 

 

2019

 

 

2018

 

Net loss

 

$

(119,332,064

)

 

$

(70,292,227

)

 

$

(41,480,466

)

Change in redemption value of preferred units

 

 

-

 

 

 

-

 

 

 

(198,366,756

)

Net loss attributable to common shares – basic and diluted

 

$

(119,332,064

)

 

$

(70,292,227

)

 

$

(239,847,222

)

Weighted average number of common shares outstanding, basic

   and diluted

 

 

39,534,497

 

 

 

32,927,697

 

 

 

9,422,799

 

Net loss per common share

 

$

(3.02

)

 

$

(2.13

)

 

$

(25.45

)

 

Common Share Equivalents Excluded from the Calculations of Diluted Loss Per Common Share The following common share equivalents have been excluded from the calculations of diluted loss per common share because their inclusion would have been antidilutive.

 

 

 

2020

 

 

2019

 

 

2018

 

Stock options

 

 

4,321,882

 

 

 

3,432,198

 

 

 

2,273,024

 

Restricted stock awards

 

 

238,712

 

 

 

576,074

 

 

 

1,102,289

 

Restricted stock units

 

 

133,049

 

 

 

181,372

 

 

 

-

 

 

 

 

4,693,643

 

 

 

4,189,644

 

 

 

3,375,313